Iridium Communications Inc - Company Profile
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Iridium Communications Inc (Iridium Communications) is a provider of communications services and products. The company’s product portfolio comprises phones, modems and modules, antennas, batteries, docking stations, cases and holders, adaptors and cables, headsets, mounting devices, and voice and data terminals. Iridium Communications also provides broadband, voice, and data, tracking and monitoring, and personal tracking and monitoring services. The company serves the maritime, aviation, government, military, construction, emergency services, transportation, mining, forestry, oil and gas, heavy equipment, utilities, and recreation sectors. Iridium Communications sells products through service providers, value-added manufacturers, value-added developers, and value-added resellers. It has business presence in the Americas, Europe, Africa, the Middle East, Central America, and Asia-Pacific. Iridium Communications is headquartered in McLean, Virginia, the US.
Headquarters
United States of America
Address
Suite 1400, 1750 Tysons Boulevard, Mc Lean, Virginia, 22102
Website
www.iridium.com
Telephone
1 703 2877400
No of Employees
760
Industry
Technology and Communications
Ticker Symbol & Exchange
IRDM (NASD)
Revenue (2022)
$790.7M
9.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
76.7%
(2022 vs 2021)
Market Cap*
$3.6B
Net Profit Margin (2022)
XYZ
61.2%
(2022 vs 2021)
* As of and is in US$
Iridium Communications Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| High-flying Business Communications | Broadband Services | Iridium Pilot |
| Operational Communication Solutions | Customer Billing | Iridium OpenPort |
| Passenger Communications Solutions | End-User Customer Care | Iridium GO! |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company signed a contract with L3Harris Technologies to provide Iridium Satellite Time and Location service. |
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired Satelles, Inc. |
| 2024 | Contracts/Agreements | In February, the company's Iridium connectivity was selected by the Republic of Korea (ROK) Ministry of Defense to improve its military operations. |
Competitor Comparison
| Key Parameters | Iridium Communications Inc | ViaSat Inc | SES SA | Intelsat SA | Inmarsat Group Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Luxembourg | Luxembourg | United Kingdom |
| City | Mc Lean | Carlsbad | Betzdorf | Luxembourg City | London |
| State/Province | Virginia | California | - | - | England |
| No. of Employees | 760 | 6,800 | 2,294 | 1,080 | 1,912 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert H. Niehaus | Chairman | Executive Board | 2009 | 68 |
| Matthew J. Desch | Director; Chief Executive Officer | Executive Board | 2009 | 66 |
| Thomas J. Fitzpatrick | Director; Chief Administrative Officer; Chief Financial Officer | Executive Board | 2013 | 66 |
| Suzanne E. McBride | Director; Chief Operating Officer | Executive Board | 2019 | 55 |
| Manjula Sriram | Vice President; Chief Information Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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